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will nominate his chief of staff jack lew as the next treasury secretary a little more than two hours from now. connell: joining us now is from the "wall street journal." >> he will be directing economic policy for the president and he's a long-time washington insider. he worked for tip o'neil. he worked for bill clinton. he's worked on the budget for president obama. [talking over each other] >> there is a revolving door there. he did go in 09 and he came out with a lot of money despite the fact that citi bank was limping along and had to be helped out by the government. dagen: when he worked just as one example in the clinton administration he was considered reasonable but not now. why? >> i think the big part of it is how he performed when he worked for president obama in the first term. but it's also i think most people expect him to be very much like an alter ego of the president. he subscribes to the ideas that the president has, that the big problem in this country is not how to create wealth, but how to redistribute it. that's really our challenge. just have to figure out how to get th
, the president nominated the current white house chief of staff jack lew to replace timothy geithner. >> jack has my complete trust. i know i'm not alone in that. in the words of one former senator, having lew on your team is the equivalent of a coach of having the luxury of putting somebody at almost any position and knowing he will do well. >> joining me is john harwood, a lot of nice compliments for mr. lew. we do we anticipate any trouble? we have heard one or two republicans expressing unhappiness with the selection. >> reporter: well, i just got a tweet from his former spokesman at omb which said that jack lew before the full senate for confirmation five times. not a single no vote so far. i would not expect that to be the case this time but i don't think there's a serious threat to the nomination. jack lew is confident, self effacing. he is easy to get along with. yes, a tough negotiator. some republicans didn't like that. yes, some republicans don't like president obama's economic policies. fair enough. that's not much of a reason to vote against him. i wouldn't expect much opposition. >>
to kero television in taft for help covering the story. >> up next, jack lew treasury secretary. i don't think they're going to mint the twin dollar coin. if that do they will put a squiggly on top and squall -- call it a day. ÷÷ >> shepard: 14 minutes before the hour now on "studio b." the president nominating his current chief of staff, jack lew, to replace tim geithner. before jack lew joined the white house administration he served as the chief operating officer of citigroup's global wealth management and served as president bill clinton's budget director and crafted a bipartisan agreement that sparked budget surpluses. the president said the loss of jack lew as his chief of staff will be the country's gain. >> i trust his friendship, very few people with greater integrity than the man to my left. so i don't want to see him go because it's working out well for me to have him here in the white house. >> shepard: but he already had some strong opposition. especially from the top republican lawmaker, jack session, who said, jack lew must never be secretary of the treasury. we ha
expected to nominate white house chief of staff jack lew later today to be the next treasury of the secretary, but if lou is confirmed he might consider sharpening that signature which will pretty much be on all u.s. currency. here it is loopy and arguably unreadable. current treasury secretary tim geithner said he had a similar problem before he took over. here it is before he took the job. and here what it looks like now. he improved his penmanship to make it easier for folks to read. i can't argue. have you seen mine? martha: it deteriorates with every passing year. bill: jack lew that --. martha: well it is the worst flu outbreak in at least a decade and doing a number on people across the country. the virus is reported in 41 states with nine states reporting high or severe levels of flu. boston's mayor says his city is under siege. he is declaring a public health emergency. the state of massachusetts reporting 18 flu-related deaths so far. the hospitals can barely contain all the people pouring into them. >> we're seeing significant rates of hospitalization, much more se
tim geithner at the treasury department. how jack lew's influence will impact your wallet. >>> plus, lance armstrong, heading to oprah. but will he confess to doping? my next guest calls it ridiculous. don't miss it. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ and save hundreds with our best offer. get an adt security system starting at just $49 installed, but for a limited time only. that's an instant savings of $250. don't leave your family's safety to chance when you can take advantage of these savings now. call or visit adt.com/tv. both: i had a break-in. man: by the time we called the police, there wasn't much they could do. i felt so helpless. adt quickly called the police. i felt like it was over right away. feels like it's still not over. we lost our digital photos, financial records, things that insurance simply can't replace. [ male announcer ] protect yourself with the fast
decided to nominate his current white house chief of staff, jack lew to secede timothy geithner. gloria, do we expect any serious opposition? >> well, there are going to be republicans who oppose him. senator sessions, the ranching republican on the budget committee came out and said he would not support jack lew. >> because? >> because of his testimony before the deficit committee and that the budget could be reduced. he said that's evidence that jack lew should not be confirmed. particularly on these fiscal matters, he did run the office of budget during the debt ceiling negotiations and i remember from covering those debt ceiling noish ags that republicans didn't like him very much, wolf. some of them said to me that jack lew kept moving the goal posts on them. yes, there will be opposition. for chuck hagel, no. i believe in the end jack lew will get confirmed. but i'll tell you this, the reason the white house put off the announcement of jack lew until tomorrow is because of the fiscal cliff. they didn't want it to get involved in the negotiations for the fiscal cliff. they felt tha
personnel announcements, the president does. secondly, i would say that jack lew, who is the president's chief of staff, has been and continues to be an extremely valuable adviser to the president. >> that was press secretary day carney, punking the white house press corp, and not announcing that the president plans to announce jack lew to replace tim geithner. the president is expected to do that tomorrow. and hilda solis announced she will resign, while attorney general eric holder announced he will stay on for a second term. jay carney was asked this question about jack lew. >> working on a signature. >> the treasury secretary's signature, you see, appears on all reserve notes, dollar bills during his tenure. here is jack lew's signature, it really is. and here is what jack lew's signature would look like on a dollar bill. not everybody can have the style of john hancock. it was once said that the president had the handwriting that neared that of an illiterate. and of course, there is this, that signature? it may be more legible than jack lew, tim geithner's signature became the ver
get away with it. >> the president's can natural takes place. jack lew will be nominated to replace tim geithner. >> and today a team of federal investigators are focusing on why a commuter ferry slammed into a manhattan peer. people were wounded, one critically. >> people were on the ground. >> there's been an explosion in greece claiming the car booming is related to the defense ministry. >> a dozen of killer whales are trapped under sea ice. >> oscar nominations are out, "lincoln" leading with 12. >> barry bonds, roger clemmen, sammy sosa all face accusations of steroid use shut out by the baseball hall of fame. >> off the window to himself! >> turning on the channel right now. >> they clearly don't know the contact. >> all of that matters. >> hillary clinton made the first public comments after off a month dealing with a concussion and blood clot. >> i'm thrilled to be back. >> the president hosted a screening of 1600 penn with send tars who keep embarrassing the white house. as joe biden put it, why is everything looking? >>> welcome to "cbs this mor
for the second term. this afternoon, he'll announce that white house chief of staff, jack lew, is his pick for treasury secretary. that means for the first time in years, all of the premier cabinet positions will be covered by money. jon karl is covering the shuffle in the white house. good morning, jon. >> reporter: good morning, george. some critics aring le inlooking emerging second-term cabinet and wondering, where are the women? today, jack lew for treasury secretary. earlier this week, chuck hagel for defense. and john brennan for cia. and before that, john kerry for secretary of state. four top appointments since the election. four men. and then, this. "the new york times" published the white house photograph wednesday, showing the president speaking with top advisers in the oval office. ten people visible, all men. and late wednesday, labor secretary, hilda solis announced e's leaving. the third woman in the cabinet heading for the exits. all this prompted "washington post" columnist, ruth marcus, to quip, it's "mad men" goes to washington, except peggy's leaving. >> it's time for
suit. >> i think it's great. >> agree. eight minutes after the hour. and jack lew, what an interesting signature this man has. if jack lew, president obama's nominee for treasury secretary gets the gig this scribble may be on all of your money. lew may have the most illegible signature of all time. look at it. it's nothing but a doodle. like nine loops in a row. >> that is something my 2-year-old would do. >> on treasury secretary. yesterday president obama assured the world that the american dollar is, in fact, safe. >> i had never noticed jack's signature. and when this was highlighted yesterday in the press, i considered rescinding my offer to appoint him. jack assures me that he is going to work to make at least one lett lett letter legible, should he be confirmed as secretary of treasury. >> this is what his signature would actually look like on the dollar bill. that's just awful. >> is it third grade when they focus on your handwriting skills and penmanship? maybe he can sit in on a class. >> the treasury secretary wants to audit your class. >>> nine minutes past the hour. yester
: this could be a battle, a battle over the president's nomination for jack lew as treasury secretary. republican senator jeff sessions has become the first senator that vows to vote no on that nomination. white house spokesman jay carney with this comment just yesterday that got some attention about our out of control debt. >> most importantly, because deficit reduction is not a goal, a worthy goal unto itself this is all about making our economy stronger and making it more productive and allowing it to create even more jobs. i mean that is the most important thing when it comes to economic policy as far as the president's concerned. bill: okay. steve hayes, senior writer, "weekly standard", fox news contributor. interesting comment i think at a minimum. specifically on senator sessions, strong words. lew must never be treasury secretary. he calls outrage just testimony, testimony that he doctors false, that lew gave to the senate budget committee two years ago. there is baseline of information we need to share first of all. what is that about the testimony? >> well, i think the thin
, president obama tapped jack lew to be the next secretary of the treasury. lew, a man i believe of good and strong values, currently is the president's white house chief of staff. before that he was director of the office of management and budget. the president urged congress to confirm him quickly. >> jack has my complete trust. i know i'm not alone in that. in the words of one former senator, having lew on your team is the equivalent as a coach of having the luxury of putting somebody at almost any position and knowing he will do well and i could not agree more. >> that man standing there, jack lew, looks exactly the same when he was 25 years old working next to me in tip o'neill's office, exactly the same. i don't believe it. lew's nomination signals the president is putting on the upcoming budget battles with congress. we'll be right back. real estate in hong kong, and the optics industry in germany? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest
for some solutions and what might work, did you find any encouragement in the nominating of jack lew to this very important post of treasury secretary today? >> he does not remind me of alexander hamilton. >> that's all you're going to say? >> that's all i'm going to say. i'll give him a chance to be alexander hamilton. >> but why not? >>y in secretary of the debt would be to, first of all, talk in english in our problems and secondly to understand that the -- the revenues put nort so far have been all political and rhetorical, and what we want is the stern stuff of a monastery -- a monetary approach. we want a dollar in exchange for something tangible. and that's gold bouillon. we've not had that for the past -- well, since 1971, about 0-odd years, and what we need is at least a discussion about the nature of our monetary problem that really is a fundamental source of our fiscal problem. >> why would that work going back to gold bouillon? >> because there's only so much gold and can only be so many dollars. >> there's a limited amount, a limited supply. >> you don't have to rely on
control laws. >>> the president today will nominate his chief of staff jack lew to be treasury secretary. lew used to be his budget director. if confirmed by the senate he'll replace timothy dwight mer. meanwhile labor secretary hilda solis announced yesterday she will be resigning. her replacement has not been chosen yet. >>> officials say a commuter ferry yesterday just had a major overhaul. they don't know if that had any role in the accident that injured dozens of parliamentarians. jim axelrod is at the terminal in lower manhattan. jim? >> reporter: good morning, charlie. we have pictures of the ferry taken just a short while ago, being guided into a dock in atlantic highlands, new jersey, where this investigation will continue. as we say, things back to normal at the dock here, but on wednesday morning the routine took a troubling turn. the crash occurred at 8:45 a.m. as it was docking at pier 11 after a routine crossing of new york bay. >> what it did was hit the right side of the boat on the dock hard, like a bomb. >> reporter: many of the vessel's passengers were waiting. the imp
to nominate jack lew for treasury secretary today, so is this signature coming to a dollar bill near you today? january 10th, 2013. >>> good morning, welcome to "today" on this thursday morning. i'm savannah guthrie. >> i'm in more matt this morning. this case is pretty serious. nine states, health officials reporting a real problem in massachusetts. >> that's right. at least 18 flu related deaths so far. 700 confirmed cases in boston alone. hospitals are overrun with people complaining with flu-like symptoms coast-to-coast. we'll get the latest in a report straight ahead. and carl, after confess iing to all of us, only matt received his flu shot. we're going to do something. we're going to get a flu shot. >> i'm already thinking which arm to roll up. >> roll up that sleeve. i wore short sleeves on purpose. >>> joe biden comes face to face with members of the nra today. at the white house with details. >>> surprising punishments of some distracted drivers involved in deadly crashes are now getting, why are some of these sentences just so light. >> savannah, as you get set to head to the golden
. but president obama could announce his new pick for treasury secretary as soon as today. jack lew is reportedly the current's -- could be his nominee. he's currently the chief of staff, also a former budget director, as well. insiders say he's the best person to take on the many looming battles with congress that are coming up, including the battles over the debt ceiling and those pending budget cuts. and if he is confirmed, you'll be seeing a lot more of this. that is jack lew's looping signature on every new greenback that is printed. it's been described as a slinky that lost its spring. lew says he'll make his name more legible if, in fact, he does get the job. >>> and vice president joe biden meets with the nra today as the debate over gun violence intensifies. it could be a tough sell since the group has already said it opposes any new restrictions on fire arms. among those speaking out is new york's governor. andrew cuomo is urging lawmakers in his state to close loopholes on the state's assault weapons ban. >> this is not taking away people's guns. i own a gun. i own a remington shotgun.
proven himself again and again to the president. >> over the past quarter of a century jack lew has been an integral part of some of the most important budgetary financial and fiscal agreements bipartisan agreements in washington. >> one agreement he may not want to take credit for is the now december pieszed if -- despise fiscal cliff. lew was the architect of the spending cuts that nearly drove congress to the brink over new years. some republicans say he hasn't been honest with congress about debts. >> there is a confirmation process. i think the american people need to know the secretary of treasury will tell them the truth about the financial conditions of this country. >>> speaking of cabinet posts labor secretary announced yesterday she will be stepping down as well. so who is staying for a second term? that list piered to be relatively short. attorney general eric holder secretary of health and human services kathleen seb beelius. one of the duties of the trish ry secretary is to sign the currency. on this bill you have tim geithner's signature because he's the treasury secretar
to nominate his chief of staff jack lew to be the secretary of treasury. lieu was the director of the office of management and budget during the clinton administration. back then he helped negotiate a balanced budget deal with congress. if confirmed lew will replace timothy geithner. and labor secretary hilda solis announced she is resigning. she's expected to return to california. she's running for board on the county board of supervisors. three are staying on. eric holder, kathleen sebelius and eric shinseki are staying on. >>> this year's deadly flu outbreak is worsening nationwide. the flu is so bad in boston the city has declared a public health emergency. free vaccinations are now being offered. ines ferre has our report. >> reporter: the flu hasn't been this bad in boston for years, more than 700 cases have been confirmed so far and statewide 18 people have died. city health officials are preparing for it to get worse. >> in the last two weeks alone we've doubled our number. so if we continue this rate to see new cases, we'll have an explosion of flu in the city
for treasury secretary, white house chief of staff jack lew. the president said lew is a master of policy who can work with members of both parties. and about lew's now famous signature, which would appear on the bills in your pocket, the president said that lew has promised him to make at least one letter legible in order to "not debase our currency," the president said. the president is getting some criticism today for not naming more women to his cabinet. and after this white house photograph appeared in the newspaper, showing the presidentth meeting with top aides, all but one of them men, the white house quickly put out another photograph of the president with senior advisors, including three women. with a little perspective on the president's cabinet picks, we turn to our political director john dickerson. john, what do you make of it? >> reporter: well, scott, there are a series of critiques here. some of the president's political allies think that he should acknowledge in his staff selections that he won re-election with the votes of women and minorities. other critics have pointed ou
of staff, jack lew, to be treasury secretary. >>> last night, hilda solis resigned shchlt resigned. she is expected to leave her post this month. >>> when you hear the boss, the first person you think of is bruce springsteen. not "time" magazine who have chris christie on their cover. here is how he reported. >> i am reporting "time" magazine to the anti-italian defamation league. look at that thing. come on. >> it makes you look like tony soprano. >> i can't wait for that to come home for my kids to see it. >> kristy poking a little fun about his latest turn in the spotlight. jim acosta explains, kristy's blunt style sometimes put the rec can powerhouse at odds with members of his own party. >> from making the rounds on the morning talk shows to landed on the cover of "time" magazine and dubbed the boss, chris christie just might be the next big thing for a republican party that's shrinking in stature. the new jersey governor never seems to be at a loss for words when it comes to giving the gop some straight talk. >> we have lost two elections in a row. we need to be thinking about doi
will be introducing his next treasury secretary, it is jack lew, he's presently the president's chief of staff. you see him on your screen. formerly the president's budget director. he replaces outgoing secretary timothy geithner. another position vacated by hilda solis, who is the labor secretary. >> peter alexander, thank you. now here's carl. >> savannah, thanks. >>> of course, one of the worst shootings last year, the deadly massacre at a colorado movie theater. now a judge decides if the gunman will stand trial. at the courthouse in centennial, colorado, mike, good morning. >> reporter: good morning, carl. if there's going to be an insanity case, there's going to be a mountain of evidence that james holmes spent months planning the attack. a shooting rampage was long in planning, the newly revealed evidence shows. an arsenal for mass murder accumulated in an extraordinary two-month buying spree, mostly online, and ending just days before the massacre. holmes himself telling police after the arrest how he booby trapped his apartment with a dozen bombs, hoping for an explosion to divert police t
amountment." >>> president obama named jack lew for budget secretary. some republicans are skeptical say the lew was less than honest about president obama's budget and its effects on the nation's debt. >>> the district is joining 18 states that have approved medical marijuana. in march those identified by the department of health will be able to buy up to 2 ounces of pot a month. here's fox 5's beth parker with our first glimpse into one of the dispensaries. >> reporter: it looks like a typical high end office, but you'll notice a lot of cameras around here, serious security. >> it's got the same kind of level security as in a bank. >> reporter: that's because this is capital city care, one of d.c.'s first medical marijuana dispensaries. es. >> you essentially just walked in the front door. this is the initial receptionist counter. >> reporter: david guard is the general manager who will oversee the upcoming opening. there's no marijuana here yet, but guard says they're already ready. >> i'm thrilled because i've seen it happen. i've seen ms patients ingest this. i've seen cancer, ai
's cabinet. the white house chief of star, jack lew, will be named treasury secretary, and now there is a search for a new position now that solis has stepped down. kathleen sebelius will continue to serve in the president's second term. >>> in colorado, the evidence hearing against james holmes is over a couple days earlier than expected. the judge will decide tomorrow if the case will go to trial. homes is accused of opening fire inside that aurora, colorado movie theater last july killing 12 and injuring dozens. yesterday police say they found evidence that holmes cased the theater for weeks ahead of time. >>> and a race to free a pack of killer whales trapped in ice in a small canadian village in northern quebec. experts are being sent to the scene today to see what can be done to save them. if the hole they're using to breathe and say afloat freezes over, they will die. >> it's so sad and so stunning. >> in the next hour we will talk with william hurley about the effort to save these wheels. >>> roger clemens now knows what it's like to be on the receiving end. clemens and
to the president's cabinet. president obama introduced white house chief of staff jack lew yesterday as his choice to be white house secretary treasurer. we heard from two democrats. charlie rangel and gene sheheen. >> it's embarrassing as hell, and i kind of think there's no excuse when it's a second term. >> he had places where he could appoint women, and i hope he'll take a look and do that. >> cbs news political director john dickerson is in washington. john, good morning. >> good morning, norah. >> all right. so is it all the president's men as they say for president obama? >> well, right now it looks like it. these last three appointments, all white males, and this criticism is, look, mr. president, you won your election based on the votes of women and minorities, so you should respect that in your naming of the cabinet picks. the white house pushes back and says he's only halfway through the process, don't judge him so quickly, yet the judge is being judged quickly on race and gender issues, it may be, in fact, because he taught people how do that. in his campaign there was not a race or ge
will be replaced by who knows. tim geithner is out. he'll be replaced by a guy, jack lew, the guy who, if you've been watching the tv over the last day or so, jack lew is the guy who signs his name with what surely looks like a slinky. >>brian: front page "where are the women?" they take a picture and talk about the cabinet of the administration. all the women are being replaced by men. white men too on top of that. let me show you a picture in "the new york times." all we see is valerie jar rhett's leg -- valerie jarrett's leg. >>steve: on december 29 that is the pr-z meeting with ten guys and they're talking about the fiscal cliff. >>brian: could they back up a little. >>gretchen: this is a picture they released the day after, i believe. and you can see valerie jarrett front and center facing the president. then there are two other women who are in the photos. was it a reaction to that original picture? brian, you bring up a good point that there are no minorities -- there's one, i think, in that original picture. it is an interesting discussion because there was so much made in this last p
of the president's cabinet, the white house chief of staff, jack lew, is going to be nominated to become the next treasury secretary. he would replace timothy geithner. the search is on now for a new labor secretary now that hilda s solis has announced she's stepping down. staying on the job for now is attorney general eric holder. he'll be working with the vice president on those new gun control measures that we heard biden talk about just a few minutes ago. he could leave by the end of the year. the white house also announcing health and man less than 90 minutes. some films are considered to be shoo-ins for nomination. lots of drama, though, in this case. a nischelle turnpike e turner is angeles for us today. >> reporter: the good thing about the academy is they like to zig when other folks zag so there could be five to ten nominations for best picture this morning. conventional wisdom is it's been a really good year for film. there's a little something for everyone. >> i like our chances now. >> reporter: the campaign for best picture is about to get real. and there's no doubt "lincoln" will b
later this week. e expect the current chief of staff, jack lew, to replace outgoing treasury secretary tim geithner. >> hillary clinton is leaving. john kerry coming in. before she goes, she will testify on the attack on the u.s. consulate in benghazi. >> reporter: that's right. the white house fully expects that hillary will testify on benghazi before she leaves as secretary of state, doing something republicans have been demanding for a long time. >> jon karl, thanks very much. >>> now, to the fire that broke out on a boeing dreamliner at logan international airport in boston, right after passengers got off that jet. the japan airlines 787 was parked at the gate. no one was injured. but the fire was the latest in a string of incidents for the high-tech new jetliner. abc's jim avila is in washington with the latest. jim, good morning. >> reporter: good morning, amy. few things are as frightening as smoke on an airplane. but fortunately, in this case, the only real damage was done to the reputation of boeing's new dreamliner airplane. firefighters at boston's logan field, dousing smoke
mitchell. in about two hours, president obama is set to name jack lew as the treasury secretary. at 1:30ve that live p.m. on c-span. meanwhile, vice president biden continues to hold meetings today as part of the task force incurving gun violence. he met with the victims' advocacy groups. this morning, he is meeting with advocates for sportsmen and while life interest were purdum at 1:45 p.m., the vice president will meet with a gun owner groups, including the nra. and at 6:00 p.m. copps -- 6:00 p.m., he will sit down with members of the entertainment industry. arne duncan and kathleen sebelius, the white house has announced, will stay on for a second term. yesterday, held los police announced her resignation -- hilda solis announced her resignation and you have a pentagon briefing live at 3:00 p.m. eastern. >> if you ask how many people would describe themselves as libertarian, depending on which poll you look at, you might be getting between 10% to 15%. if you give people a battery of questions about different ideological things and then track them to different ideologies, and depending
of staff jack lew to be treasury secretary. current treasury secretary timothy geither is expected to leave his position at the end of the month. the nomination could come as soon as thursday. >> the dow was just crossing the 13,400 mark and we will be back i200 and and two minutes. look at you guys with your fancy-schmancy u-verse high speed internet. you know, in my day you couldn't just start streaming six ways to sunday. you'd get knocked off. and sometimes, it took a minute to download a song. that's sixty seconds, for crying out loud. we know how long a minute is! sitting, waiting for an album to download. i still have back problems. you're only 14 and a half. he doesn't have back problems. you kids have got it too good if you ask me. [ male announcer ] now u-verse high speed internet has more speed options, reliability and ways to connect. rethink possible. avoid bad.fats. don't go over 2000... 1200 calories a day. carbs are bad. carbs are good. the story keeps changing. so i'm not listening... to anyone but myself. i know better nutrition when i see it: great grains. great grains ce
Search Results 0 to 46 of about 47 (some duplicates have been removed)